Canadian Tax Question:

Person A owns 100% of Giggle Inc

Person B owns 100% of Bubbly Inc

Person A and Person B each own 50% of Gassy Inc

Person A is married to Person B's sister, Person C.

Assuming all 3 corporations are Canadian Controlled Private Corporations and all 3 have over $500000 active business income earned in Canada,

What is the maximum combined small business deduction claimable by the 3 corporations?

A. None

B. 1 million

C. 500,000

D. 1.5 million